Russian Gas Deliveries To Armenia Down 19.7% In 2009

RUSSIAN GAS DELIVERIES TO ARMENIA DOWN 19.7% IN 2009

Interfax
Feb 1 2010
Russia

Russian gas deliveries to Armenia declined 19.7% to 1.809 billion
cubic meters in 2009, down from 2.254 bcm in 2008, the Armrosgazprom
concern reported.

Armrosgazprom sold 1.661 bcm of gas last year, 20.1% less.

Households consumed 0.553 bcm of gas (6.1% less), power generation
-0.366 bcm (39.7% less), industrial enterprises – 0.260 bcm (29.5%
less), and filling stations for natural gas fueled vehicles – 0.306
bcm (11.2% less).

The company said demand declined due to the global financial crisis
and to dispatching constraints faced by power companies.

Armrosgazprom was founded in 1997. Gazprom (RTS: GAZP) owns 80%
and the Armenia government has 20%.